Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

Dec 18 4:00 PM EST

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To: Donald Wennerstrom who wrote (15385)	5/25/2004 12:08:26 AM
From: Return to Sender	Read Replies (1) of 95611

Yes that's right Don, we need to know, not just believe, that institutions will buy and hold, at the next bottom. That bottom will be marked by high VIX/VXO/VXN readings and really low BP Indices Numbers but numbers that may be lower for the VIX/VXO/VXN and higher for the BP Indices than those set before the true bottom is made. Another hallmark of the actual bottom will be seen by those earnings estimates being lowered again at the actual bottom. It sure makes it easier to beat expectations when they are lowered! Thanks Don and Gottfried for working through this with me. RtS

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